Author: MAXISLoans
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How Australia’s Home Loan Policies Impact Property Market Stability
As Australia gears up for the 2025 federal election, the focus on housing affordability intensifies. Both major political parties have outlined policies aimed at enhancing access to homeownership. However, industry experts are concerned that these pledges could potentially lead to a decline in home values and an increase in negative equity. Unlocking the Property Market:…
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How Lowering Australia’s Home Loan Buffer Impacts Borrowing Power
Recent research suggests that lowering the mortgage serviceability buffer could significantly impact Australian homebuyers. Specifically, reducing the buffer from 3% to 2.5% could potentially allow buyers to borrow 5% more, translating to an additional $18,816.65 in borrowing power for the average wage earner. The Finance Brokers Association of Australia (FBAA) commissioned this study, revealing that…
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High-Risk Suburbs in Australia Pose Challenges for Landlords: Allianz Data
Investing in property comes with risks, and certain suburbs in Australia have been identified as high-risk areas for landlords due to tenant damage and rent loss claims. Exclusive insurance data from Allianz has pinpointed capital city suburbs with the highest number of landlord insurance claims, shedding light on the challenges faced by property owners. Rental…
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First-Home Buyer Loans Surge, Expected to Rise Further in 2025
First-home buyer loans are on the rise, with a significant surge expected in 2025. According to a recent report by Money.com.au, first-home buyer loans reached 125,220 in 2024, growing at a rate of 5.9% annually, nearly matching the broader owner-occupier loan market’s growth rate of 6%. Mansour Soltani, Money.com.au’s property expert, attributes this growth to…
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Coalition Proposes Easing Home Lending Rules to Aid First-Time Buyers
The Coalition has made a promise to ease home lending rules in a move that it believes will facilitate more young individuals to purchase their first homes. The current requirement for banks to incorporate a safety buffer when assessing home loan applicants’ ability to meet repayments is seen as overly restrictive, especially with the buffer…
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How to Structure Your Mortgage for Maximum Savings
Managing a mortgage can be a daunting task, especially when you’re trying to save money in the long run. Structuring your mortgage for maximum savings is crucial in ensuring that you’re making the most of your investment. By understanding the various strategies and options available to you, you can potentially save thousands of dollars over…
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Macquarie Bank Leads Rate Cuts Amid Predictions of Further Reductions
Macquarie Bank has made a strategic move by cutting its fixed interest rates just ahead of the Reserve Bank of Australia’s upcoming meeting. This adjustment positions Macquarie as the lender offering the lowest fixed rates in the market, a significant development in the competitive landscape of home loans. Home Loan Interest Rates in Germany: A…
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How a 0.5% Interest Rate Difference Can Save You Thousands
Saving money is a goal that many people strive for, whether it’s for a big purchase like a home or simply to build up their savings. One often overlooked way to save thousands of dollars over time is by paying attention to the interest rates on loans and credit cards. Even a small difference in…
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When Should You Pay Down Your Mortgage Early?
Paying down your mortgage early can be a financially savvy decision for many homeowners. However, it’s essential to weigh the pros and cons before making this commitment. In this article, we will discuss the factors to consider when deciding whether to pay down your mortgage early. Financial Stability One of the first things to consider…